To optimize the quality of industrial chain services,enhance proactive financial supply,promote dialogue and exchange between government and enterprises,and establish a higher level and more sustainable development track for new quality productivity.On April 9,under the guidance of the New Economic Committee of Chengdu Municipal Bureau of Economy and Information Technology and the Office of the Financial Committee of Chengdu Municipal Committee of the Communist Party of China,sponsored by the Western Base of Shenzhen Stock Exchange,and organized by the Chengdu Modern Financial Industry Ecosphere Alliance,the Shenzhen Stock Exchange Science and Technology Financing V-Next Investment and Financing Roadshow Platform,and the Chengdu Industrial Internet Development Center,the"Cultivating New Quality Productivity and Accelerating the Development of Industry-Integrated Circuit Industry Session"was successfully held in the Western Base of Shenzhen Stock Exchange.Nearly 80 representatives from top companies in the integrated circuit industry and more than ten financial institutions in Chengdu attended the conference,promoting and exchanging ideas through communication channels established by the government,and matching investment institutions to provide equity financing to enterprises in need.
On chain enterprises actively participate
Calling for strong support from the capital market
At 1:30 pm that day,before the event began,representatives of the invited companies arrived early to engage in communication,exchanging business cards and adding WeChat,creating a very lively atmosphere.At 2 o'clock,the organizer arranged for representatives of enterprises to take their seats one by one,and the event officially began.Investment institutions and integrated circuit companies gradually took the stage to give speeches.The audience members frequently raised their phones to take photos,fearing to miss key information.The enthusiasm for understanding the company's listing work was high.
Chengdu Yingsijia Semiconductor Technology Co.,LtdAfter the exchange meeting,Board Secretary Guan Shanxu said,"Attending this exchange meeting gave me a great feeling.".During the event,peers and investors were actively communicating.As small and medium-sized enterprises,equity financing is exactly what we need at present.Today we have established preliminary contacts with multiple investment institutions and have also agreed on a time for further communication.We are very grateful to the government for creating this opportunity for us。Chengdu Municipal Bureau of Economy and Information TechnologyCheng Hua,Deputy Director of the New Economic Commission,stated in her speech at the exchange meeting that the integrated circuit industry,as an important foundation for national strategic development,has attracted much attention in the current new situation.At present,Chengdu has gathered a group of excellent enterprises and research institutions in the field of integrated circuits,forming a relatively complete industrial chain.Currently,in the context of intensified market competition and continuous technological upgrading,enterprises need to continuously increase R&D investment to cultivate core competitiveness.The rapid development of our city's integrated circuit industry calls for strong support from capital.
Indeed,the high-quality development of the manufacturing industry cannot be achieved without financial support.At the exchange meeting,investment institutions such as the Shenzhen Stock Exchange,Sichuan Development Academician Fund,and Chengdu Rural Commercial Bank took the stage to interpret policies related to"enterprise listing"and showcase their own funds and investment strength,stimulating the willingness of enterprises to go public and enhancing their confidence in going public.
Chengdu Yingsijia Semiconductor Technology Co.,LtdAfter the exchange meeting,Board Secretary Guan Shanxu said,"Attending this exchange meeting gave me a great feeling.".During the event,peers and investors were actively communicating.As small and medium-sized enterprises,equity financing is exactly what we need at present.Today we have established preliminary contacts with multiple investment institutions and have also agreed on a time for further communication.We are very grateful to the government for creating this opportunity for us.
It is reported that at this exchange meeting,more than 20 high-quality enterprise representatives from the integrated circuit industry chain participated in the docking and exchange of research and development projects,including RF microsystems,MEMS sensors,analog-to-digital conversion chips,energy control chips,and silicon carbide power device designs,with a cumulative feedback financing demand of 1.84 billion yuan.
Multi level listing policy support
Cultivate high-quality enterprises for development and growth
The quantity and quality of listed companies are important indicators for measuring the economic development of a region.As a leader in the industry,listed companies are also a driving force for the integration of regional high-end resource elements,improving product quality and production efficiency.The Chengdu Municipal Bureau of Economy and Information Technology actively carries out the"Spring Seedlings and Autumn Trees"cultivation action、Various enterprise cultivation activities such as"New Manufacturing,New Economy,New Finance,and Win the Future"are carried out to cultivate high-quality enterprises such as specialized,refined,unique,and new,and provide specialized listing services for enterprises.
As of now,Chengdu has cultivated a total of 286 national specialized,refined,and new"little giant"enterprises,ranking 9th in the country and 5th in sub provincial cities.There are more than 2000 provincial-level specialized,refined,and new enterprises,and a high-quality small and medium-sized enterprise cultivation library has been established,consisting of innovative small and medium-sized enterprises,specialized,refined,and new small and medium-sized enterprises,and specialized,refined,refined,and new"little giant"enterprises.
In January of this year,the Chengdu Municipal Bureau of Economy and Information Technology and the Municipal New Economic Commission issued the"Policy Manual for Cultivating and Listing New Industries,New Models,and New Energy Enterprises",which summarizes policy documents at the provincial,municipal,and district levels to promote high-quality industrial development,providing policy reference for"enterprise listing"and encouraging strong enterprises to actively participate in listing.
In the"Three Year(2023-2025)Action Plan for High Quality Development of Sichuan Capital Market",it is mentioned that it is necessary to strengthen the construction of a reserve enterprise resource pool for listing,and promote high-quality enterprises to be listed through multiple channels;In Jinniu District,if a company submits an application for domestic listing to the China Securities Regulatory Commission or the Shanghai and Shenzhen Stock Exchanges and is officially accepted,a one-time reward of 1.5 million yuan will be given to the company's management team;In the Chengdu Direct Administration Zone of Tianfu New Area,enterprises listed on the main board of the Shanghai and Shenzhen Stock Exchanges,the SME board,the ChiNext board,the Science and Technology Innovation board,as well as the Beijing Stock Exchange and the Hong Kong Stock Exchange,will receive support of 1 million yuan and 2 million yuan respectively after receiving application materials and being officially listed on the China Securities Regulatory Commission(or exchange)
It is reported that the Chengdu Municipal Bureau of Economy and Information Technology focuses on the key system sectors of"government financial products+industrial funds+financing guarantees+listing cultivation",and continues to build a solid"new finance"foundation for"new manufacturing and new economy".The Chengdu Municipal Bureau of Economy and Information Technology has established deep business cooperation with 11 banking institutions and 24 guarantee institutions to provide"growth loans"to enterprises,with a total of over 27 billion yuan lent to 1070 enterprises;"New Yidai"focuses on supporting new economy enterprises,and has currently benefited more than 280 new economy enterprises,achieving a cumulative credit investment of over 3.8 billion yuan.
The capital market,as an important bridge connecting the real economy,finance,and technology,is a key hub for promoting technological innovation and the transformation and upgrading of the real economy.
Jiang Peng,Vice President of Chengdu Jinshi Technology Co.,Ltd.,who was invited to participate in this exchange meeting,said,"Going public is one of the important milestones in the development of enterprises.We believe that for high-tech enterprises,going public can provide diversified financial support,improve the image of the enterprise,attract key technical talents,and be conducive to the long-term development of the enterprise.At the same time,it can also help the enterprise embark on the path of standardized development.Listed enterprises play a benchmark role in the industry,attract upstream and downstream industrial chains to gather,and the construction of industrial supporting facilities will be easier.It also has a lot of help for the construction of Chengdu's circle and strong chain work."
Jiang Peng summarized,"For enterprises that hope to have a sustainable foundation,going public should only be a phased goal and a means to pursue healthy development.For today's technology,listening to customers'voices,using constantly improving products to meet their constantly improving requirements,and becoming a company that continues to gain market recognition is the ultimate goal we pursue."
"The competition of technology enterprises is the competition for talents.After going public,capital can be used to increase investment in research and development,mergers and acquisitions,and other means to build a comprehensive chip enterprise with multiple product lines.At the same time,the company pays employees'salaries and distributes equity to employees.Going public can provide an opportunity for everyone to create wealth with knowledge,achieve better work and life,which is a goal that everyone has the motivation to achieve."Guan Shanxu said bluntly.
Improve internal skills of the enterprise
Going public is a natural process
It is understood that as of the end of February 2024,there are 118 A-share listed enterprises in the city,including 75 manufacturing enterprises,with a total market value of 729.61 billion yuan,accounting for 58.6%of the total scale of A-share listed enterprises in Chengdu;There are 15 information industry enterprises with a total market value of 73.30 billion yuan,accounting for 5.9%of the total scale of A-share listed companies in Chengdu;There are 73 key industry chain enterprises with a total market value of 774.622 billion yuan,accounting for 62.2%of the total scale of A-share listed enterprises in Chengdu.
The listing of leading enterprises has added confidence to the development of enterprises undergoing listing cultivation.When Guan Shanxu mentioned the listing goal of Yingsijia,he said,"Previously,everyone regarded listing as the ultimate goal of enterprise development.However,in fact,listing is only a process of enterprise development.As long as one develops their own business and hones their internal skills,listing will be natural."
Zou Zhengxian,Chairman of Sichuan Hexin Microelectronics Co.,Ltd.,also said,"Is a company going public?When will it go public?There are many factors to consider.The current economic environment,policy environment,and company performance all have an impact.Enterprises should first focus on their own development and make sufficient preparations for going public.The law firms and accounting firms we cooperate with have rich experience in going public.Under the guidance of professional institutions,practicing internal skills and moving forward steadily is the key to successful going public."
In the current global new round of technological revolution and industrial transformation,it is even more necessary to leverage the power of the capital market to promote the high-quality development of Chengdu's manufacturing industry,adding new impetus to technological transformation and manufacturing strength.There are still many opportunities for communication between the government,enterprises,and the capital market in the future.Next,the Chengdu Municipal Bureau of Economy and Information Technology and the Chengdu New Economic Commission will continue to serve high-quality enterprises,enhance their awareness of independent listing,strengthen the cultivation of reserve resources for listing,and help"young seedlings"grow into"little giants".(Du Can,Zhang Xiatong)
